ICO Platform Promises Full Refund Following $7 Million Hack
Initial coin offering support platform KickICO lost $7.7 million in KICK tokens in a hack on Thursday, the company reported.
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Franklin Templeton Files For Bitcoin Spot ETF
Franklin Templeton – the $1.5 trillion investment giant with an eye for blockchain – has become the latest wealthy entrant in a race to bring a Bitcoin spot ETF to the U.S. market. Per an S-1 filing with the Securities and Exchange Commission (SEC) on Tuesday, the Franklin Bitcoin ETF will issue shares “representing fractional

Sempo Delivers Cash Aid for the Unbanked in Crisis
Humanitarian aid has undergone a radical transformation in the last decade because non-governmental organizations (NGO) have largely reduced their efforts for giving out in-kind donations – such as food, clothing, and medical supplies – in times of crisis. Now, cash is making up an increasingly large portion of all humanitarian aid.Cash, unlike in-kind donations, lets…

Ex-Employee at Australian Science Agency Avoids Prison After Mining Crypto on Supercomputers
Sep 18, 2020 at 08:28 UTCUpdated Sep 18, 2020 at 08:36 UTC(Nils Versemann/Shutterstock)A former employee of an Australian federal agency has avoided prison after he was caught using government supercomputers to mine for cryptocurrency. According to a report by The Sydney Morning Herald on Friday, Jonathan Khoo, 34, worked as a contractor for the Commonwealth…

Crypto-Enabled VPN Provider Orchid Launches on Apple’s App Store
Orchid has launched its VPN application on Apple's app store. (Image: Orchid)Crypto-Enabled VPN Provider Orchid Launches on Apple’s App StoreDecentralized virtual private network (VPN) provider Orchid announced the launch of its VPN application on the Apple app store on Thursday. In an emailed press release, Orchid said users on its app would be able to…

Avalanche Price Falls Following Hack, But New P2E Token Meme Kombat Raises $400k
It was a difficult weekend for Avalanche (AVAX) holders, with the token’s value dropping 16% in the past three days. This sharp drop resulted from an exploit on the Avalanche network, which led to millions of AVAX tokens being stolen from the Stars Arena social application. Given this unfortunate event, some investors are seeking alternative

Argo Blockchain Shares Fall After Workers Accidentally Share Non-Public Information
The American depositary shares of Argo Blockchain (ARBK), the London-based crypto miner, fell as much as 5% in early U.S. trading, after the company said in a filing that some employees had inadvertently disclosed potentially material non-public information in a conversation. Shares subsequently recovered some and were down about 1% as of the time of…

Cardano Successfully Launches Vasil Upgrade on Testnet
Cardano (ADA) has successfully conducted a hard fork of its testnet in readiness for the upcoming Vasil upgrade. The new development promises greater scalability and performance improvements to the network. The latest announcement was made on July 3 by Input-Output Global (IOG), the tech firm behind Cardano. IOHK (rebranded to IOG) now calls upon developers,…

Hackers Drain Fantom Foundation Wallets For $7 Million
The Fantom Foundation has been drained of hundreds of millions of dollars from its crypto wallets by a phishing scammer, according to blockchain security firm CertiK. Fantom is a smart contract and Dapp platform focused on enhanced speed, making transactions more efficient than other layer-one blockchains like Ethereum. Tuesday’s hack affects only the Fantom Foundation